About Deadly Clear

This blog site is for you - to make your opinions known and enable you to express your thoughts, insights, fears and be DEADLY CLEAR. The author of the blog has become more compassionate and socially enlightened with age after entering this world from a very brainwashed right-winged culture. My goal is to achieve perfection and share in Ho'oponopono which means to make things right.

Investment banker’s suicide highlights pressures industry brings

Originally posted on Justice League:

Since January 2014, HousingWire has reported on what appears to be a tragic trend of suicides and mysterious deaths of financial executives and bankers.

Here is just a little of our past coverage.

Third prominent banker found dead in six days

More details emerge about three bankers who died in six days

Fourth suicide for finance executive under investigation

JPMorgan global program trading exec, dead at 37

Fifth financial executive with ties to JPMorgan found dead

London authorities open investigation into banker deaths

Death of banker under mysterious circumstances makes 36 in 2014

Now, the New York Times profiles a young investment banker who tragically took his own life, and the circumstances that may have contributed to it.

In retrospect, it was around Easter that John Hughes began to think something unusual was going on with his middle son, Thomas, a 29-year-old investment banker.

John’s former wife, Marypat, had arranged…

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Ben Bernanke Says More People Should Have Gone To Jail For Causing The Great Recession

Originally posted on Justice League:

Gee ya think, Ben? Now that the statute of limitations is up, everybody wants to talk tough against Wall Street!


First, tomorrow Ben Bernanke will be on CNBC’s Squawk Box to promote his book, the same CNBC which from a credible financial channel has metamorphosed into an outlet whose only purpose is to cheerlead the stock market and get as many people invested in the next and final Ponzi as possible. He will also discuss the disastrous state of the post-post-bubble economy and the latest plunge in payrolls.

Second, today as part of the same book promotion tour (supposedly because nobody wants to pay Bernanke $250,000 to listen to an hour of bullshit now that the Fed no longer has credibility) he had this exchange with the USA Today’s Susan Page:

Q. Should somebody have gone to jail.

Bernanke: Yeah, yeah I think so. I have objected for…

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Ireland …..a caring society???? Really!….help me prove it!

Deadly Clear:

Please share. Let’s show the world Homeowners care.

Originally posted on Awaken Longford:

Six weeks ago next Wednesday was the day a family in Kells Co.Meath had their world fall down Kells Eviction 2around them, it was the day the Sheriff arrived in the early morning to evict them from their home without warning, in the clothes they stood in.

A mother was dragged out in front of her ten-year old son while his blind father listened, helpless to do anything, standing in his bare feet on the cold wet ground, without even his cane.

This is horrific enough in itself, so bad that it shocked me into action and having investigated the circumstances I found that sixty-eight thousand five hundred euro was the figure needed to secure this family home (bearing in mind a recent report states that the average cost of evicting a family from their home is €60,000) and I thought, ” surely there are 680 people either in or out of…

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Countrywide COO who took rap for 2008 crisis prepares her appeal

Originally posted on Justice League:

Rebecca Mairone scarcely deserves a mention in the annals of finance, except for this: She’s the only executive of a major U.S. mortgage lender found liable for her part in the 2008 financial crisis.

Mairone was chief operating officer for a division of Countrywide Financial Corp., the California giant that came to symbolize the excesses of the subprime era. While top executives there and elsewhere walked away, Mairone, now 48, was targeted in a civil case by federal prosecutors. In October 2013, a Manhattan jury found her liable for misrepresenting the quality of mortgages her company sold to Fannie Mae and Freddie Mac. U.S. District Judge Jed Rakoff called her testimony “implausible” and slapped her with a $1 million fine. Bloggers said she helped destroy the U.S. economy and should be jailed or worse.

Two years later, Mairone is heading back to court in an attempt to overturn that ruling…

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Man trying to keep home from foreclosure says Ocwen didn’t credit payments

Originally posted on Justice League:

AURORA, Colo. — A loan service company based in Florida has one Aurora man afraid he’s about to lose his home.

So he reached out to the FOX31 Denver Problem Solvers trying to find help.

We have been digging, working for weeks to help solve loan collection problems for a man in Aurora who says he’s also dealing with a language barrier.

But we found the company has more barriers than just language, when it comes to dealing with frustrated customers.

Vi K. Tran shows us some of the paperwork he says he’s collected. He’s trying to keep his home in Aurora from going into foreclosure.

“I’m so upset about it,” said Tran. “I want to solve the problem; They don’t want to.”

“They” is Ocwen Loan Servicing of central Florida, essentially a debt collection company now handling his mortgage after he ran into some hard times.

“They told me ‘your…

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99 Abandoned Homes | The Housing Justice Foundation

Originally posted on Alina's Blog:


The much-praised and long-awaited film “99 Homes” opens in six cities October 2, 2015 and nationally on October 9, 2015. The film is a fast-paced thriller that takes a hard look at the brutal reality of the foreclosure crisis. Audiences and critics have praised the film, particularly the performances of Andrew Garfield, Michael Shannon and Laura Dern, and the writing and direction of Ramin Bahrani.

via 99 Abandoned Homes | The Housing Justice Foundation.

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Crisis in Florida Courts: (It’s not the unfairness of foreclosure) It’s Judges Wearing Colored Robes!

Deadly Clear:

And protecting their pensions and investments.

Originally posted on Alina's Blog:

There is a crisis that seriously impacts the integrity of the judicial system. And no, I’m not talking about the way the courts all across this state have set out, openly antagonistic to the interests of consumers as we’ve all experienced for years in the foreclosure process. And no, I’m not talking about broom closets  …

Source: Crisis in Florida Courts: (It’s not the unfairness of foreclosure) It’s Judges Wearing Colored Robes!

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BofA to cut ‘a couple of hundred’ jobs: WSJ

Originally posted on Justice League:

(Reuters) – Bank of America Corp is planning “a couple of hundred” job cuts at its global banking and markets unit, the Wall Street Journal reported.

The bank could announce the layoffs as early as Tuesday, the Journal said, citing people familiar with the matter.

Bank of America, which had about 216,700 full-time employees as of June 30, could not be immediately reached for comment.

Read on.

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The Foreclosure Crisis

Deadly Clear:

There is a lot we need to learn from the past.

Originally posted on Rcooley123's Blog:

What happened to all the homes foreclosed on when the housing bubble burst? Millions of people lost their homes and most of their life savings when the value of their homes plummeted during the most recent financial collapse. Many found they could not keep up with mortgage payments, either because they lost their jobs during the recession or because they were overextended financially for some other reason. Some would say many never should have been offered the loans in the first place. The fact remains that many people went from pursuing the “American Dream” of home ownership to struggling just to keep a roof over their heads by renting in a very short span of time.

The banks lost tons of money on loans that would never be paid in full, but they did have something very tangible in place of the money – the property. The real estate still…

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Ocwen Violated TCPA With 218 Calls, Fla. Jury Finds

Originally posted on Justice League:

What else is new…

Law360, Los Angeles (September 23, 2015, 11:01 PM ET) — A Florida federal jury found on Wednesday that Ocwen Loan Servicing Inc. violated the Telephone Consumer Protection Act by making 218 unauthorized calls to a woman’s cellphone in an alleged attempt to collect a mortgage loan debt that had been discharged in bankruptcy.
The jury unanimously decided on the third day of trial that Ocwen willfully or knowingly violated the TCPA by making the calls with an automatic dialing system to Rolena Drew. Ocwen allegedly called Drew’s cellphone multiple times per day and on back-to-back days.

The plaintiff claimed the roughly $92,500 delinquent debt that Ocwen was trying to collect had previously been discharged in Chapter 7 bankruptcy. Ocwen claimed it hadn’t known the debt had been discharged and would have handled the matter differently had it known.

Read on.

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